Harley-Davidson profit falls 24% on weak U.S. demand - Business Insider

📆 22.10.2019 20:28:00
📰 BusinessInsider

⏱ Reading Time:
20 sec. here
2 min. at publisher
📊 Quality Score:
News: 11%
Publisher: 51%

Россия Новости Новости

Россия Последние новости,Россия Последние новости

Harley-Davidson topped Wall Street expectations despite falling profits — and the stock is surging

Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.Harley-Davidson beat expectations for profit on Tuesday and stuck to its full-year shipment forecast, allaying fears of another major hit from European import tariffs and a further slump in sales in its main U.S. market.

Sales in the world's biggest motorcycle markets in Asia, which Harley has targeted with smaller bikes that go against its traditional profile, rose 8.7% in the quarter and are up about 1.6% this year overall. The company is also cutting spending and it said it now saw 2019 capital expenses of $205 million to $225 million, about $20 million less than its previous estimates.

Мы обобщили эту новость, чтобы вы могли ее быстро прочитать.Если новость вам интересна, вы можете прочитать полный текст здесь Прочитайте больше:

Написать комментарий

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

UPDATE: Harley-Davidson shares up 6.6% premarket after earnings beatHarley-Davidson Inc. shares extended their premarket gains to 6.6% Tuesday, after the company beat profit and revenue estimates for the third quarter. The...
Источник: MarketWatch - 🏆 3. / 97 Прочитайте больше »